Vice President, Commercial Underwriter

Western Alliance Bank; Costa Mesa (CA); In loco; USD 122.000 - 151.000; Tempo pieno

Vantaggi offerti da questo lavoro

Ownership stake in the company

Medical and dental insurance

401k matching

Tuition assistance program

Employee volunteer program

Wellness program

Descrizione del lavoro

Western Alliance Bank is seeking a Vice President, Commercial Underwriter to underwrite complex loan requests and renewals across working capital, real estate, term loans, and asset-based facilities. It requires building strong relationships with lending officers and Credit Administration to evaluate risk and structure.

You will mentor junior analysts, review loan structures and covenants, and present financings to senior management or Loan Committee.

Competenze

• 6+ years of related experience.
• Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced speaking and writing communication skills.

Mansioni

• Underwrite complex loan requests and renewals for working capital lines of credit, commercial real estate loans, term loans, and other lending products.
• Review loan structure, financial spreads, entity structures, collateral, market data and reports to understand risks and prepare a recommendation to Credit Administration.
• Mentor junior analysts in financial analysis, loan structure and covenant conditions to mitigate credit risk.
• Present financing requests to senior management or Loan Committee for approval; meet with customers and negotiate terms.

Conoscenze

Six plus years experience

Advanced banking operations knowledge

Regulatory compliance knowledge

Advanced communication skills

Formazione

Bachelor's degree or equivalent experience

Descrizione del lavoro

What You’ll Do

As a Vice President, Commercial Underwriter you'll be responsible for underwriting complex loan requests and renewals for working capital lines of credit, commercial real estate loans, term loans, formula based lines of credit, traditional asset based lines of credit and other Bank lending products. You'll build internal relationships by working with lending officers on credit matters and loans involving unusual situations or requiring close scrutiny. One of your key responsibilities is to review the loan structure, financial spreads, entity structures, collateral, market data and reports to understand inherent risks and prepare a recommendation to Credit Administration in the form of opportunity memos, loan presentations, administrative action memos, and annual reviews. May mentor junior analysts in financial analysis, loan structure, appropriate covenant conditions and identifying risks and tangible mitigating factors to credit risk.

• Perform special financial statement analyses, typically involving complex and interlocking relationships.
• Provide credit information and references for customers, loan officers, or other agencies as requested.
• Perform pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
• Gather and analyze all information necessary to present a financing request to senior management or Loan Committee for approval; may meet with existing or potential customers; visiting sites of loans; negotiate loan terms and conditions; refer and recommend acceptance to Credit Administration.

Job Title

Vice President, Commercial Underwriter

Location

Costa Mesa

What You’ll Do

As a Vice President, Commercial Underwriter you'll be responsible for underwriting complex loan requests and renewals for working capital lines of credit, commercial real estate loans, term loans, formula based lines of credit, traditional asset based lines of credit and other Bank lending products. You'll build internal relationships by working with lending officers on credit matters and loans involving unusual situations or requiring close scrutiny. One of your key responsibilities is to review the loan structure, financial spreads, entity structures, collateral, market data and reports to understand inherent risks and prepare a recommendation to Credit Administration in the form of opportunity memos, loan presentations, administrative action memos, and annual reviews. May mentor junior analysts in financial analysis, loan structure, appropriate covenant conditions and identifying risks and tangible mitigating factors to credit risk.

• Perform special financial statement analyses, typically involving complex and interlocking relationships.
• Provide credit information and references for customers, loan officers, or other agencies as requested.
• Perform pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
• Gather and analyze all information necessary to present a financing request to senior management or Loan Committee for approval; may meet with existing or potential customers; visiting sites of loans; negotiate loan terms and conditions; refer and recommend acceptance to Credit Administration.

What You’ll Need

• 6+ years of related experience.
• Bachelor's degree or equivalent experience required.
• Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced speaking and writing communication skills.

Compensation: Salary range for new hires is generally $121,870.00 - $150,546.00 for San Diego, CA. Salary range for new hires is generally $121,870.00 - $150,546.00 for Costa Mesa, CA. Salary range for new hires is generally $121,870.00 - $150,546.00 for Beverly Hills, CA. Salary range for new hires is generally $121,870.00 - $150,546.00 for Los Angeles, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

Benefits You’ll Love

We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands‑on experience to help grow your career!

About The Company

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [e-mail] or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation